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Identify the reason for privatisation: - Economic Applications

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प्रश्न

Identify the reason for privatisation:

विकल्प

  • Reduction in unproductive expenditure of the government.

  • Growth of private monopolies.

  • Social welfare aspect is not emphasised.

  • Possibility of employment loss.

MCQ

उत्तर

Reduction in unproductive expenditure of the government.

Explanation:

  1. One of the key reasons for privatization is to eliminate the government's unproductive expenditure.
  2. The government's goal in transferring ownership and management of public sector organizations to the private sector is to increase efficiency, decrease the monetary demand, and focus on essential functions rather than business management.
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Privatization of Public Enterprises
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अध्याय 6: The State and Economic Development - QUESTIONS [पृष्ठ १६५]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 6 The State and Economic Development
QUESTIONS | Q 25. | पृष्ठ १६५
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